| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 2,500 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| GALLERY | 2011-05-24 | 1,881,903 | 462,434 | S/L | 39.0000 | 48,254 | |||
| FURNITURE | 2011-04-23 | 4,365 | 4,365 | 200DB | 7.0000 | ||||
| ANIMAL SPECIMANS | 2011-05-24 | 405,745 | 259,229 | S/L | 15.0000 | 27,050 | |||
| GALLERY | 2012-11-15 | 1,200 | 253 | S/L | 39.0000 | 31 | |||
| GALLERY | 2013-12-01 | 2,250 | 411 | S/L | 39.0000 | 58 | |||
| ANIMAL SPECIMANS | 2015-04-14 | 8,644 | 3,312 | S/L | 15.0000 | 576 | |||
| ANIMAL SPECIMANS | 2017-11-15 | 448 | 95 | S/L | 15.0000 | 30 | |||
| ANIMAL SPECIMANS | 2018-06-30 | 448 | 75 | S/L | 15.0000 | 30 | |||
| CHAIRS | 2019-06-30 | 5,000 | 1,939 | 200DB | 7.0000 | 875 | |||
| ANIMAL SPECIMANS | 2020-10-25 | 71,420 | 794 | S/L | 15.0000 | 4,761 | |||
| ANIMAL SPECIMANS | 2021-02-09 | 68,490 | S/L | 15.0000 | 4,186 | ||||
| COMPUTERS | 2021-09-21 | 5,790 | 200DB | 5.0000 | 5,790 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDLINGS | 2,455,703 | 824,546 | 1,631,157 | 1,631,157 |
| Name | Address |
|---|---|
| NED TIMMONS |
3147 KENICOTT DRIVE COMMERCE TOWNSHIP,MI48390 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 1 |